[LIVE] Latest Crypto News, August 11 – Bitcoin Crosses $122K, Ethereum Marks 3-Year High: Best Crypto To Buy?

This Monday, cryptocurrency markets are pushing higher, with the total market value that increases by 2.43% to over $ 4.05 trillion. Bitcoin rose by 3.3% to break $ 122,000, leaving it only to the peak of its record peak after a strong weekend. Ethereum has also risen higher for the second consecutive day, reaching over $ 4,300, marking the highest price since the end of 2021. It could be the mark of a next Altcoin season? What are the best cryptocurrencies to buy right now?

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The rally spread in different sectors. Nfts led the charge, gaining 4.28% while Zora increased by 45.82% and budgy penguins added 4.13%. Defi is advanced by 1.79%, powered by two -digit earnings in Lido Dao (+11.30%) Ed Ethena (+10.79%).

The price of Zora has increased by 45% in the last 24 hours: the best cryptocurrency to be purchased right now?

(Zorausdt)

Zora was in a strong trend, breaking over $ 0.13. The move represents a profit of almost 45% in the last 24 hours, with the momentum that accelerates in the last two days. Immediate resistance is close to $ 0.14, while short-term support is approximately $ 0.11- $ 0.12.

Supporting over $ 0.13 could open the door for a push to $ 0.15, but too extensive conditions can trigger a possible pullback.

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By adding to the upward sentiment, Arkham Data revealed that Arthur Hayes has increased his participations in the last 24 hours, acquiring 1,500 ETH (about $ 6.35 million) together with various activities of Blue Defi chips: 425,000 LDO (approximately $ 557,000), 420,000 Ethfi (about $ 517,000) and 185,000 pendants (approximately $ 1.02 million).

Stay tuned for real -time updates on the latest developments on the cryptocurrency market.

51 minutes ago

Bitcoin again above $ 122k, exceeds Amazon while Ethereum Etf Afflussi hit $ 2b

Fatima

From Fatima

From 4 to 8 August, Bitcoin Etfs spot brought $ 247 million, with Blackrock Ibit in the lead to $ 189 million. Spot Ethereum Etfs attracted $ 327 million in the same period, extending their series to 13 consecutive weeks of net afflusted. Etfs Ethereum has gained a huge 2.03 billion dollars. Although Bitcoin’s capitalization of the market is almost five times bigger than ETH’s recent ETF performance is attracting attention.

Bitcoin has just broken $ 122,000, exceeding Amazon to classify as the sixth larger activity globally, with a market share of 59.8%.

The owners of Ethereum who entered $ 1,300- $ 1,400 at the beginning of this year are enjoying strong earnings.

The post [LIVE] Latest Crypto News, August 11-Bitcoin crosses $ 122k, Ethereum scores 3 years of high level: the best cryptocurrency to buy? He appeared first out of 99bitcoin.

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